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Posts tagged "Revision u/s 263"

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Tag: Revision u/s 263

Income Tax

CIT cannot substitute the possible view taken by the AO while exercising revisionary power u/s 263

July 30, 2021 0 Comments
CIT cannot substitute the possible view taken by the AO while exercising revisionary power u/s 263 ITAT AHMEDABAD SAKET M. JAIN (HUF) VERSUS THE PR. COMMISSIONER OF INCOME TAX-2, AHMEDABAD.  ITA No. 579/AHD/2019 Short Overview of the case:  It was a case of Revision ...
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Income Tax

Entire amount of sales cannot be taxed in the hands of the assessee as unexplained cash credit

July 28, 2021 0 Comments
Entire amount of sales cannot be taxed in the hands of the assessee as unexplained cash credit    ITAT AHMEDABAD SAKET M. JAIN (HUF) VERSUS THE PR. COMMISSIONER OF INCOME TAX-2, AHMEDABAD.  ITA No. 579/AHD/2019 Short Overview of the case:  It was a case of ...
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